{"id":195107,"date":"2023-10-21T09:39:19","date_gmt":"2023-10-21T09:39:19","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=195107"},"modified":"2023-10-21T09:39:19","modified_gmt":"2023-10-21T09:39:19","slug":"xrp-lawsuit-ripple-holds-a-royal-flush-in-sec-lawsuit-ready-to-dictate-settlement-terms-coinpedia-fintech-news","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/xrp-lawsuit-ripple-holds-a-royal-flush-in-sec-lawsuit-ready-to-dictate-settlement-terms-coinpedia-fintech-news\/","title":{"rendered":"XRP Lawsuit: Ripple Holds a "Royal Flush" in SEC Lawsuit, Ready to Dictate Settlement Terms – Coinpedia Fintech News"},"content":{"rendered":"

As the SEC v. Ripple lawsuit takes dramatic turns, Wall Street veteran and financial analyst Linda P. Jones declares that Ripple isn’t just on the table for negotiation\u2014they’re defining the terms of it. This assertion comes after a series of favourable rulings for Ripple and echoes the speculations within the crypto community that the case is heading towards a settlement.<\/p>\n

Linda P. Jones weighed into the discussion, emphasizing that Ripple’s recent legal victory amounted to a “royal flush.” According to Jones, Ripple is not just negotiating with the SEC but is in a position where they can unilaterally define the terms of a potential settlement. This perspective arises in part due to the SEC’s voluntary withdrawal of charges against Ripple executives Bradley Garlinghouse and Chris Larsen, dramatically changing the power dynamics.<\/p>\n

The Hinman Docs: Ripple’s Secret Weapon<\/strong><\/h2>\n

Jones attributes Ripple’s newly acquired bargaining power to the public exposure of the Hinman docs\u2014drafts of William Hinman’s 2018 speech declaring BTC and ETH as non-securities. This revelation seems to have left the SEC at a severe disadvantage, stripping it of any bargaining power it might have had.<\/p>\n

The SEC’s case against Ripple has been filled with setbacks. The regulatory body had to surrender the Hinman documents, faced denial for an interlocutory appeal, and most recently, voluntarily dropped charges against Ripple’s leading executives. These developments have solidified Ripple’s position, aligning with Jones’ sentiment that Ripple can dictate how this saga concludes.<\/p>\n

SEC has now 2 options<\/strong><\/h2>\n

As it stands, the SEC is left with two routes\u2014either to appeal the case to the Second Circuit or agree on a settlement. According to Jones, and supported by the legal community at large, the chances of the SEC choosing the latter have exponentially increased.<\/p>\n

Jones’ insights not only underline the shifts within the SEC v. Ripple case but also imply greater ramifications for the broader crypto ecosystem. A Ripple victory or a settlement on their terms could set legal precedents that benefit the cryptocurrency landscape as a whole, offering more defined regulatory clarity.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As the SEC v. Ripple lawsuit takes dramatic turns, Wall Street veteran and financial analyst…<\/p>\n","protected":false},"author":4,"featured_media":195106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nXRP Lawsuit: Ripple Holds a "Royal Flush" in SEC Lawsuit, Ready to Dictate Settlement Terms - Coinpedia Fintech News - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/crypto\/xrp-lawsuit-ripple-holds-a-royal-flush-in-sec-lawsuit-ready-to-dictate-settlement-terms-coinpedia-fintech-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Lawsuit: Ripple Holds a "Royal Flush" in SEC Lawsuit, Ready to Dictate Settlement Terms - Coinpedia Fintech News - Tokens Talk\" \/>\n<meta property=\"og:description\" content=\"As the SEC v. 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